Miami Short Sale Debt Forgiveness is Short on Time

Just a friendly reminder folks, there are less than 90 days left to take advantage of the debt forgiveness act for short sale sellers. You’ve probably already heard all about that by now but do you understand how important it is? If you are considering the short sale of your Miami home then you need to act NOW. As of December 31st of this year the act expires and homeowners that decide to take advantage of the short sale of their Miami home may incur substantial tax liabilities that can be avoided if they take action immediately. If your home is experiencing financial stress and you need to sell, now may be your last chance to save substantial money.